Business
Energy & Power
RNPP Nears Connection to National Grid
The Rooppur Nuclear Power Plant (RNPP) has taken a significant step towards full operational readiness, as the main and auxiliary transformers at the first power unit have been successfully commissioned.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Energy Prices Fall as Import Arrears Reduced to $700-800m: Adviser
Bangladesh has reduced its energy import arrears from $3.2 billion to around $700-800 million, resulting in a drop in energy prices, according to Energy Adviser Muhammad Fouzul Kabir Khan.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Westinghouse Eyes 10 New US Reactor Deployments, Floats $75bn Price Tag
Westinghouse Electric Company is seeking to deploy 10 large nuclear reactors following President Trump's May executive orders intended to quadruple domestic production of nuclear power within the next 25 years.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
LafargeHolcim and Jalalabad Gas Sign Gas Sales Agreements
LafargeHolcim Bangladesh PLC. (LHB) and Jalalabad Gas Transmission and Distribution System Limited (JGTDSL) have signed two new Gas Sales Agreements (One for Industry and other for Captive Power) recently at Bidyut Bhaban in Dhaka.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Rizwana Distributes Nat'l Awards for Tree Plantation, Environmental Protection & Wildlife Conservation
On the occasion of the World Environment Day and Environment Fair 2025, as well as the National Tree Plantation Campaign and National Tree Fair 2025, a grand inauguration ceremony was held at Bangladesh-China Friendship Conference Centre in Dhaka recently.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Climate Change Threatens to Push Millions Into Poverty in Bangladesh
Climate change is rapidly becoming a threat multiplier for Bangladesh’s poor, pushing millions deeper into poverty and increasing their vulnerability to future shocks, warns the Bangladesh Poverty Watch Report 2024 released recently.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Experts Urge Policy Reforms as Climate-Driven Urban Migration Surges
Speakers at a recent dialogue raised concern over Bangladesh’s growing climate-induced urban migration and called for urgent measures to reduce risks and improve living conditions for displaced, disaster-affected, and marginalized communities.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Govt to Formulate Action Plan to Protect Sundarbans: Rizwana
The government will formulate a concrete action plan to protect the Sundarbans, Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan said recently.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Local Gas Production Decreasing 200 MMCFD Every Year: Energy Adviser
Energy Adviser Muhammad Fouzul Kabir Khan has said that local gas production is decreasing by about 200 million cubic feet (MMCFD) every year.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Chevron's Javier La Rosa to Lead Portfolio Across Key Global Exploration and Production Assets
Javier La Rosa has been appointed to lead a broad Chevron portfolio which includes a number of the company's key global assets.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Supporting National Climate Action Through RE Tech
A new guidebook launched during the June UN Climate Meetings in Bonn is set to strengthen countries' efforts to advance climate action through renewable energy technologies.
3 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Bangladesh-Russia Energy Ties in Spotlight on Russia Day Celebration
Bangladesh and Russia reaffirmed their longstanding friendship and growing strategic cooperation, especially in the energy and scientific sectors at a reception marking Russia Day hosted by the Russian Embassy in Dhaka recently.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Lack Of Professionalism Hinders Development Of Bangladesh Energy Sector
The key problem in Bangladesh’s energy and power sector today is ensuring a sustainable supply of primary fuel. A substantial reserve of high-quality coal remains buried at mineable depths.
6 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
IDCOL Participates in Syndicated Debt Facilities of $100m for RSGT
IDCOL recently participated in a significant financial milestone by contributing to the syndicated debt facilities totaling USD 100 million for RSGT Bangladesh Limited (RSGTBL).
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Warning Signs on Climate Flashing Bright Red: Top Scientists
From carbon pollution to sea-level rise to global heating, the pace and level of key climate change indicators are all in uncharted territory, more than 60 top scientists warned recently.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Women Political Leaders & Experts Call for Global Climate Solutions
On June 11, women climate leaders called for governments to take effective climate action in the face of growing political conservatism and pro-fossil fuel agendas.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
ADB to Give $200m to Improve Power Transmission, Promote RE
The Asian Development Bank (ADB) and the government of Bangladesh recently signed a US$200 million loan agreement to enhance quality, reliability, resilience, and efficiency of power supply system and promote renewable energy in Bangladesh.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
BRAC Bank, Petromax Partner to Provide Distributor Finance for LPG Suppliers
BRAC Bank has partnered with Petromax LPG Limited to introduce Distributor Finance facilities for Petromax's distribution partners.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Private Investment Key to Unlocking Bangladesh's RE Ambitions
The country needs to create an enabling environment for investment in utility-scale and small-scale projects through streamlined policy and regulations.
2 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Iran-Israel Ceasefire Offers Only Temporary Relief As Global Energy Threat Looms
The 12-day deadly conflict between Israel and Iran, brought to a halt by a ceasefire brokered by U.S. President Donald Trump, has served as a wake-up call for the rest of the world. Continuation of the war and the potential closure of the Strait of Hormuz could have caused irreversible damage to the global economy. Not only would it have had a severe impact on energy security, but it could also have triggered a regional and possibly global war. At one point, even the use of nuclear weapons was on the table.
5 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Bangladesh Can Get Solar Power At 6 Cents Per Unit
The renewable energy targets set for 2030 in the national RE policy are ambitious considering the current initiatives. However, Bangladesh can achieve more if the right steps are taken. Bangladesh can procure solar electricity at less than 6 US cents per unit at current market prices of technologies if land and power evacuation (transmission) facilities are made available from the government side and investment proposals are invited accordingly.
7 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Govt Releases Big Sum to Pay Off Pvt Power Plant Dues
A clean chit up to April on huge arrears cost Tk 600 billion as the interim government doubled the state subsidy to pay off the overdue bills to private-sector power producers, officials said.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Wind Turbine Casting Market May Reach $ 4.6b By 2034
Ever wondered about a machine standing taller than a skyscraper, braving fierce winds to create clean energy, and at the heart of it lies something strong, silent, and essential? It's casting.
3 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
No Alternative to Climate Preparedness, Says Rizwana
Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan recently said, \"Climate change risks are no longer a distant threat rather those are an inevitable reality\".
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Energy Sector Fails to Meet Energy Transition Expectations in Budget
The interim government seems to be offtrack from its political commitment of meeting the 3-Zero Target, in the national budget for FY2026, stressed the Centre for Policy Dialogue (CPD) during a dialogue held in Dhaka recently.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
World Bank to Back Nuclear Projects Again amid Rising Electricity Needs
The World Bank has decided to end its 2013 moratorium on financing nuclear energy projects amid growing global electricity demand.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
JERA, Woodside Energy Agree on Supply Deal During Winter Months
Japan's biggest power generator, JERA, and Australia's Woodside Energy have signed a deal for Woodside to supply JERA with liquefied natural gas only during the winter months, the companies said recently.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Eni Confirms Involvement in FLNG Aspects of Argentina LNG Project
Eni and Argentina's state-owned YPF have signed an agreement for the Argentina LNG project, following a memorandum of understanding signed on April 14.
1 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
LET'S FOCUS ON RENEWABLE ENERGY
The interim government, led by Professor Muhammad Yunus, has recently launched a renewed push to generate more clean and green energy. In the last part of June, he presided over a meeting of the National Rooftop Solar Program, where he directed the authorities to go big for accelerating the initiative. He called for installing solar panels on the rooftops of government buildings, schools, educational institutions, and hospitals. The urgent move is also aimed at reducing reliance on costly fuel imports and saving much-needed foreign exchange.
2 min |
EP_23_02 (Energy & Power Vol 23 Issue 02 July 1, 2025)
Energy & Power
Renewable Reckoning
Despite impressive strides in boosting power generation, Bangladesh has fallen behind in its transition to clean energy. Fossil fuels still dominate, making up 98% of electricity output, while renewables barely register. The new Renewable Energy Policy 2025 sets ambitious goals, 20% by 2030 and 30% by 2040, but familiar problems persist: weak institutions, patchy policies, shaken investor confidence, and sluggish follow-through. The sudden cancellation of 37 solar projects hasn't helped. Experts say this is a make-or-break moment—act now, empower SREDA, fix what's broken, or miss the clean energy train again.
10+ min |